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Viefleur [7K]
4 years ago
5

It is the end of the year and holiday sales are beginning. To remain competitive the manufacturers of ice scrapers for cars run

a buy two get one free sale on Black Friday.
What effect will this have on the ice scraper market?

A. This decrease in price will increase the quantity demanded.
B. This decrease in price will increase demand.
C. This price change will decrease the quantity demanded.
Business
1 answer:
Alika [10]4 years ago
6 0

Answer:

The correct answer is (b)

Explanation:

Sale promotion is an effective way to improve short-term sales and at the same time attract new potential buyers.  Ice scrapers sale promotion strategy will help them to increase their sales revenue. As they are offering buy two get one free sale on black Friday the overall prices will decrease that will increase the demand.

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A market research survey is available for $10,000. Using a decision tree analysis, it is found that the expected monetary value
svet-max [94.6K]

Answer:

Therefore Expected Value of the information = $65,000+$62,000 - $10,000  = $117,000

Explanation:

If the market research survey is available for $10,000.

Using a decision tree analysis, it has been found that the expected monetary value with the survey is $65,000. The expected monetary value with no survey is $62,000.

<u>Then the expected value of the information from this sample is the expected value of each outcome and deducting the costs associated with the decision</u>

Therefore Expected Value of the information = $65,000+$62,000 - $10,000  = $117,000

7 0
3 years ago
Companies generate income from their "regular" operations and from things like interest on securities they hold, which is called
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Answer:

$1,500

Explanation:

Given that,

Sales = $9,000

Operating costs = $6,000

Depreciation = $1,500

Interest rate = 7%

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Operating income or EBIT:

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= $9,000 - $6,000 - $1,500

= $1,500

Here, the interest rate and taxes were ignored as we want to determine the operating income or earnings before interest and taxes. Interest on bonds is a non operating income.

4 0
4 years ago
Which of the following types of fashion is worn by most of the American public
QveST [7]
For the question in the screenshot, the answer is E., a culmination. A culmination is basically saying the peek of something.

As for the actual question asked, I don't know much about what you're talking about. Could you give more details?

Thank you :)
8 0
3 years ago
Read 2 more answers
At the beginning of last year, Tarind Corporation budgeted $1,300,000 of fixed manufacturing overhead and chose a denominator le
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Answer:

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3 years ago
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